New Delhi, 08/04/2025: Indian metal companies are staying strong despite global trade troubles, thanks to rising demand at home. While the U.S. has announced new tariffs on metals, companies like Vedanta, JSW Steel, Hindustan Zinc, and NALCO are focusing on India’s growing need for steel and aluminium.
Experts say India’s steel demand is likely to grow by 10% every year, while aluminium demand may grow at a rate of 7.2% annually until 2030. Aluminium use in India is expected to double every five years. This growth is supported by the Indian government’s large budget of Rs 11.21 lakh crore for infrastructure in 2025-26.
As global trade becomes harder, more companies may shift production to India, which could boost local demand even more. Analysts believe companies that mainly operate in India will do better than those focused on exports.
“The drop in metal stock prices was just a quick reaction,” said an analyst. “In the long run, firms like Vedanta, Hindustan Zinc, and NALCO will benefit from India’s strong economy and large infrastructure plans.”
Overall, India’s strong local demand is helping its metal companies stay competitive and grow, even when global markets are uncertain.
